[ad_1] Former Dallas Fed Danielle DiMartino Booth and Natixis Chief Economist Joseph Lavorgna for the Americas discuss recently released Fed minutes and inflation fears. Inflation will remain the focus this week, with investors prepared to listen carefully to comments from New York Federal Reserve Chairman John Williams on Monday, as well as key inflation data … Read more
[ad_1] Subscribe to the New Economy Daily newsletter, follow us @economy and subscribe to our podcast. European Central Bank President Christine Lagarde asked investors to prepare for new guidance on monetary stimulus in 10 days, and signaled that new measures could be put in place next year to support the eurozone economy after the end … Read more
[ad_1] SYDNEY (Reuters) – Asian stocks enjoyed a rally of relief on Monday as record highs on Wall Street and the easing of policy in China helped calm some of the recent global growth nervousness, although many potential pitfalls await us this week. FILE PHOTO: An investor looks at an electronic board displaying stock information … Read more
[ad_1] The economy was expected to come down from its recent highs, but the slowdown is coming sooner than expected. China’s V-shaped economic rebound after the Covid-19 pandemic is slowing, sending a warning to the rest of the world about the sustainability of their own recoveries. The changing outlook was highlighted on Friday when the … Read more
[ad_1] (Bloomberg) – US futures have fallen as investors look to the second-quarter earnings season starting this week to determine whether corporate profitability can support equity valuations. Treasury yields have fallen. The Stoxx Europe 600 fluctuated before falling, with declines by banks and commodity producers offset gains by real estate companies and utilities. S&P 500 … Read more
[ad_1] Elon Musk may have a rat problem. Fans of the South African billionaire’s electric cars say rats, mice and rodents eat away at their Teslas. And despite losing tens of thousands of dollars to buy the expensive vehicles, Tesla refuses to cover the damages Sarah Williams, a 41-year-old doctor who lives in Manhattan and … Read more
[ad_1] Rising stocks and rocketing interest rates have given wealthy Americans a big advantage: cheap loans they can use to finance their lifestyle while minimizing their tax bill. Banks say their high net worth clients are borrowing more than ever, often using loans backed by their equity and bond portfolios. Morgan Stanley wealth management clients … Read more
[ad_1] Ross Gerber, CEO of Gerber Kawasaki, shared how much he saved driving a Tesla Model 3 for just over 3 years. He pointed out that after saving it could have been $ 100 a month to drive a Tesla. He bought his car in 2018 for $ 60,000 (including the cost of autonomous driving). … Read more
[ad_1] Monsoon weather, something that has been mostly absent over the last few summers in Las Vegas, returned Sunday night. The result was rain over much of the Las Vegas Valley a day earlier than expected, the National Weather Service said. Between 0.04 of an inch and 0.12 was recorded in an arc widely across … Read more
[ad_1] A Chinese day trader plays cards with others at a local brokerage house in Beijing on August 27, 2015, the summer of a massive sell-off in Chinese stocks. Getty Images China’s cyberspace regulator on Saturday proposed that any company with data on more than one million users go through a cybersecurity exam before registering … Read more